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This paper studies a central planner's decision making on behalf of a group of members with diverse discount rates. In the context of optimal stopping, we work with an aggregation preference to incorporate all discount rates via an attitude…

Mathematical Finance · Quantitative Finance 2025-10-15 Shuoqing Deng , Xiang Yu , Jiacheng Zhang

In this paper, we investigate solution stability for control problems of partial differential equations with the cost functional not involving the usual quadratic term for the control. We first establish a sufficient optimality condition…

Optimization and Control · Mathematics 2017-07-13 Nguyen Thanh Qui , Daniel Wachsmuth

In this paper, a proof of asymptotic stability for the combined system-optimizer dynamics associated with a class of real-time methods for equality constrained nonlinear model predictive control is presented. General Q-linearly convergent…

Optimization and Control · Mathematics 2020-05-13 Andrea Zanelli , Quoc Tran-Dinh , Moritz Diehl

We analyze the conforming approximation of the time-harmonic Maxwell's equations using N\'ed\'elec (edge) finite elements. We prove that the approximation is asymptotically optimal, i.e., the approximation error in the energy norm is…

Numerical Analysis · Mathematics 2023-09-26 T. Chaumont-Frelet , A. Ern

In statistical physics lately a specific kind of average, called the q-expectation value, has been extensively used in the context of q-generalized statistics dealing with distributions following power-laws. In this context q-expectation…

Statistical Mechanics · Physics 2009-11-13 Rudolf Hanel , Stefan Thurner

This paper considers a time-inconsistent stopping problem in which the inconsistency arises from non-constant time preference rates. We show that the smooth pasting principle, the main approach that has been used to construct explicit…

Mathematical Finance · Quantitative Finance 2019-09-05 Ken Seng Tan , Wei Wei , Xun Yu Zhou

We describe the behavior of solutions of switched systems with multiple globally exponentially stable equilibria. We introduce an ideal attractor and show that the solutions of the switched system stay in any given $\varepsilon$-inflation…

Dynamical Systems · Mathematics 2018-05-22 Oleg Makarenkov , Anthony Phung

We study deterministic, discrete linear time-invariant systems with infinite-horizon discounted quadratic cost. It is well-known that standard stabilizability and detectability properties are not enough in general to conclude stability…

Optimization and Control · Mathematics 2025-09-04 Jonathan de Brusse , Jamal Daafouz , Mathieu Granzotto , Romain Postoyan , Dragan Nesic

We study an infinite horizon optimal stopping problem which arises naturally in the optimal timing of a firm/project sale or in the valuation of natural resources: the functional to be maximised is a sum of a discounted running reward and a…

Optimization and Control · Mathematics 2016-12-08 Jan Palczewski , Lukasz Stettner

The value function of an optimal stopping problem for jump diffusions is known to be a generalized solution of a variational inequality. Assuming that the diffusion component of the process is nondegenerate and a mild assumption on the…

Optimization and Control · Mathematics 2012-03-16 Erhan Bayraktar , Hao Xing

We consider the control problem with \textit{exit time}. Unlike the Bolza and Mayer problems, in this problem the terminal time of the trajectories is not fixed, but it is the first time at which they reach a given closed subset -…

Optimization and Control · Mathematics 2017-05-10 Luong V. Nguyen

Robustness guarantees are important properties to be looked for during control design. They ensure stability of closed-loop systems in face of uncertainties, unmodeled effects and bounded disturbances. While the theory on robust stability…

Systems and Control · Electrical Eng. & Systems 2022-10-10 Samuele Zoboli , Daniele Astolfi , Vincent Andrieu

We study the properties of the free boundaries and the corresponding hitting times in the context of optimal stopping in discrete time. We first prove the continuity of the map from the boundaries to the expected value of the corresponding…

Probability · Mathematics 2025-04-16 H. Mete Soner , Valentin Tissot-Daguette

This report addresses the boundary value problem for a second-order linear singularly perturbed FIDE. Traditional methods for solving these equations often face stability issues when dealing with small perturbation parameters. We propose an…

Numerical Analysis · Mathematics 2024-07-02 Mehebub Alam , Rajni Kant Pandey

In this paper, we study the optimal multiple stopping problem under the filtration consistent nonlinear expectations. The reward is given by a set of random variables satisfying some appropriate assumptions rather than an RCLL process. We…

Probability · Mathematics 2019-08-21 Hanwu Li

An abstract framework guaranteeing the local continuous differentiability of the value function associated with optimal stabilization problems subject to abstract semilinear parabolic equations subject to a norm constraint on the controls…

Optimization and Control · Mathematics 2023-05-19 Karl Kunisch , Buddhika Priyasad

We show that optimal stopping surfaces $(t,y)\mapsto x_*(t,y)$ arising from time-inhomogeneous optimal stopping problems on two-dimensional jump-diffusions $(X,Y)$ are continuous (jointly in time and space) under mild monotonicity and…

Probability · Mathematics 2024-02-06 Cheng Cai , Tiziano De Angelis , Jan Palczewski

We study the stability properties of linear time-varying systems in continuous time whose system matrix is Metzler with zero row sums. This class of systems arises naturally in the context of distributed decision problems, coordination and…

Optimization and Control · Mathematics 2007-05-23 Luc Moreau

An abstract framework guaranteeing the continuous differentiability of local value functions on $H^1(\Omega)$ associated with optimal stabilization problems subject to abstract semilinear parabolic equations in the presence of norm…

Optimization and Control · Mathematics 2023-11-28 Karl Kunisch , Buddhika Priyasad

In this paper, we investigate the asymptotic behaviors of the solutions of nonlinear dynamic systems nearby an equilibrium point, when the nominal parts are subject to non necessarily small perturbations. We show that, under some estimates…

Dynamical Systems · Mathematics 2020-08-07 Mondher Benjemaa , Wided Gouadri , Mohamed Ali Hammami